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The Federal Trade Commission’s controversial proposal to ban employee non-compete clauses was the subject of a panel discussion moderated by Cardozo Professor Sam Weinstein on April 3. It was sponsored by the Heyman Center on Corporate Governance. Designed to protect company trade secrets, client lists and other confidential information from being divulged when employees move to competing companies, non-compete clauses have been expanded in recent years to include workers in a variety of low-paying jobs ranging from custodians to security guards. They are so common that it is estimated that 18% of employees are required to sign them, prompting the attorney general of New York and others to file lawsuits against the practice.
Heyman Center on Corporate Governance, "Heyman Center Panel Discusses Non-Compete Clauses" (2023). Cardozo News 2023. 13.